Union Bank of India

Union Bank (I) Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Union Bank of India

₹ 115 -0.69%
21 Nov - close price
unionbankofindia.co.in BSE: 532477 NSE: UNIONBANK
About

Union Bank of India is engaged in the Business of Banking Services, Government Business ,Merchant Banking, Agency Business Insurance, Mutual Funds, Wealth Management etc.[1]

Key Points

Segments Revenue FY24

Website BSE NSE
  • Market Cap ₹ 87,954 Cr.
  • Current Price ₹ 115
  • High / Low ₹ 172 / 106
  • Stock P/E 5.75
  • Book Value ₹ 127
  • Dividend Yield 3.12 %
  • ROCE 6.55 %
  • ROE 15.6 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.91 times its book value
  • Stock is providing a good dividend yield of 3.12%.
  • Company has delivered good profit growth of 46.0% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 23.1%
  • Company's working capital requirements have reduced from 28.3 days to 16.6 days

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 11.9% over last 3 years.
  • Contingent liabilities of Rs.6,32,801 Cr.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Banks Industry: Banks - Public Sector

Part of Nifty Next 50 BSE 100 LargeCap TMC Index Nifty 500 Multicap 50:25:25 Nifty 200 Nifty Dividend Opportunities 50

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Revenue 16,706 16,930 17,174 18,174 19,682 20,883 22,005 23,478 24,587 25,363 26,350 26,364 26,708
Interest 9,876 9,755 10,405 10,593 11,377 12,255 13,754 14,638 15,461 16,195 16,913 16,952 17,661
8,458 7,150 8,110 8,232 9,081 8,316 9,632 7,569 7,368 7,413 8,871 8,892 7,975
Financing Profit -1,628 25 -1,341 -650 -776 312 -1,381 1,271 1,758 1,755 566 520 1,073
Financing Margin % -10% 0% -8% -4% -4% 2% -6% 5% 7% 7% 2% 2% 4%
3,978 2,524 3,243 2,817 3,276 3,271 5,269 3,903 3,695 3,774 4,707 4,509 5,328
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 2,350 2,549 1,902 2,166 2,500 3,583 3,888 5,174 5,453 5,530 5,273 5,030 6,401
Tax % 35% 57% 24% 28% 26% 37% 28% 37% 36% 35% 37% 27% 26%
1,526 1,085 1,440 1,558 1,848 2,245 2,782 3,236 3,511 3,590 3,311 3,679 4,720
EPS in Rs 2.23 1.59 2.11 2.28 2.70 3.28 4.07 4.74 4.74 4.84 4.34 4.82 6.18
Gross NPA % 12.64% 11.62% 11.11% 10.22% 8.45% 7.93% 7.53% 7.34% 6.38% 4.83% 4.76% 4.54% 4.36%
Net NPA % 4.61% 4.09% 3.68% 3.31% 2.64% 2.14% 1.70% 1.58% 1.30% 1.08% 1.03% 0.90% 0.98%
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Revenue 25,125 29,349 32,084 32,199 32,660 32,748 34,067 37,231 68,767 67,944 80,743 99,778 104,786
Interest 17,582 21,470 23,640 23,886 23,757 23,443 23,852 25,794 44,079 40,157 47,978 63,208 67,722
6,880 8,440 8,963 9,935 13,290 20,573 18,247 20,314 33,138 30,994 34,524 30,329 33,150
Financing Profit 663 -561 -519 -1,622 -4,386 -11,268 -8,033 -8,877 -8,450 -3,207 -1,758 6,241 3,914
Financing Margin % 3% -2% -2% -5% -13% -34% -24% -24% -12% -5% -2% 6% 4%
2,552 2,822 3,523 3,632 4,965 4,990 4,474 5,261 11,744 12,525 14,633 16,080 18,319
Depreciation 151 194 221 244 236 363 368 411 895 738 737 891 0
Profit before tax 3,064 2,067 2,783 1,765 342 -6,641 -3,927 -4,028 2,399 8,579 12,138 21,430 22,233
Tax % 30% 18% 36% 23% -62% -21% -25% -28% -21% 39% 31% 36%
2,158 1,696 1,782 1,352 555 -5,247 -2,947 -2,898 2,906 5,232 8,433 13,648 15,299
EPS in Rs 36.16 26.91 28.02 19.66 8.08 -44.90 -16.72 -8.47 4.54 7.66 12.34 17.88 20.18
Dividend Payout % 22% 15% 21% 10% 0% 0% 0% 0% 0% 25% 24% 20%
Compounded Sales Growth
10 Years: 13%
5 Years: 24%
3 Years: 13%
TTM: 15%
Compounded Profit Growth
10 Years: 23%
5 Years: 46%
3 Years: 68%
TTM: 30%
Stock Price CAGR
10 Years: -6%
5 Years: 15%
3 Years: 35%
1 Year: 9%
Return on Equity
10 Years: 5%
5 Years: 9%
3 Years: 12%
Last Year: 16%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 597 630 636 687 687 1,169 1,763 3,423 6,407 6,835 6,835 7,634
Reserves 16,588 17,734 19,125 22,204 23,289 23,928 24,724 30,363 58,070 63,741 71,499 89,335
287,670 327,103 352,230 373,677 417,125 454,182 458,779 503,155 975,642 1,083,572 1,160,854 1,248,477
7,279 8,313 9,625 8,127 11,603 8,101 8,773 13,743 31,587 33,443 41,564 46,512
Total Liabilities 312,134 353,781 381,616 404,696 452,704 487,380 494,039 550,683 1,071,706 1,187,591 1,280,752 1,391,958
2,467 2,608 2,678 3,928 3,873 3,800 3,719 4,709 7,282 7,155 8,805 9,188
CWIP 12 1 4 12 21 33 44 53 62 36 21 35
Investments 80,830 93,723 84,462 89,208 112,149 123,754 126,047 152,414 331,512 348,507 339,299 337,904
228,824 257,449 294,472 311,548 336,661 359,793 364,230 393,507 732,850 831,892 932,628 1,044,831
Total Assets 312,134 353,781 381,616 404,696 452,704 487,380 494,039 550,683 1,071,706 1,187,591 1,280,752 1,391,958

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-4,227 2,318 -3,799 88 -5,804 6,170 -7,246 -75 20,443 36,214 5,984 20,329
-334 -357 -255 -17 -523 -343 -363 -7 27,538 -357 -2,408 -1,261
5,096 4,902 3,359 -2 9,873 10,792 1,214 203 -18,676 -767 -10,926 -11,916
Net Cash Flow 535 6,862 -695 69 3,546 16,619 -6,395 121 29,304 35,090 -7,350 7,152

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
ROE % 14% 10% 9% 6% 2% -21% -11% -10% 6% 8% 11% 16%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
83.49% 83.49% 83.49% 83.49% 83.49% 83.49% 83.49% 76.99% 76.99% 74.76% 74.76% 74.76%
1.19% 1.18% 1.13% 1.43% 1.62% 1.66% 1.46% 2.89% 3.97% 6.75% 7.37% 6.89%
7.02% 7.05% 6.90% 7.05% 8.39% 8.27% 7.88% 12.69% 12.28% 12.24% 11.38% 11.22%
8.30% 8.27% 8.47% 8.02% 6.49% 6.57% 7.17% 7.42% 6.76% 6.25% 6.50% 7.12%
No. of Shareholders 7,39,1437,61,8097,98,2147,81,5547,80,2087,83,5507,75,7738,65,2518,74,3099,14,9409,84,22910,19,061

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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